From TD Waterhouse UK
posted on
Oct 13, 2008 07:17PM
Third largest primary Gold Producer in North America
13th October 2008
CORPORATE ACTION NOTICE Ref: xxxxxxxxxxxx 8700 AURELIAN RESOURCES COM NPV Merger xxxxxxxx Kinross Gold Corporation is exercising its right under Section 206 of the Canada Business Corporations Act to compulsorily acquire the remaining shares in Aurelian Resources Inc. As a result, those holders who had not already accepted the offer, will automatically receive 0.317 of a common share of Kinross Gold Corporation plus 0.1429 of a common share purchase warrant of Kinross Gold Corporation for each common share of Aurelian Resources Inc held. Each Kinross warrant entitles the holder to purchase 1 Kinross share at a price of CAD32.00 per share, on or prior to the date that is five years after the date on which Kinross first pays for Aurelian shares deposited under the offer. The Compulsory acquisition is expected to take place on 20th October 2008; a pay date has not been announced therefore accounts will be credited upon receipt of the new shares/warrants from our custodian. SPECIAL NOTES: 1. Should we receive any further information we will contact you accordingly. 2. If you have any queries please do not hesitate to contact our Customer Services Department on the telephone number featured on this letterhead. This information is provided to assist you in relation to the proposed Corporate Action. It is compiled from sources believed to be reliable at the date of this letter. No warranties are given as to the accuracy, completeness or timeliness of the content. If you intend to make an investment decision on the basis of this information, we recommend that you check the details with the Company or its Registrars. This is to notify you of a Corporate Action that relates to a stock that you currently hold. Please take the time to read the contents of this notice. Security Held:XXXXXXXXXXXXX Security Code:XXXXXXXXXXXXX Corporate Action Event:XXXXXXXXXXXX Customer Account Number:XXXXXXXXXXXXX ACTION DEADLINES Deadline for client instruction: No action is required - Information only. CORPORATE ACTION EVENT TERMS:
Kinross Gold Corporation is exercising its right under Section 206 of the Canada Business Corporations Act to compulsorily acquire the remaining shares in Aurelian Resources Inc. As a result, those holders who had not already accepted the offer, will automatically receive 0.317 of a common share of Kinross Gold Corporation plus 0.1429 of a common share purchase warrant of Kinross Gold Corporation for each common share of Aurelian Resources Inc held. Each Kinross warrant entitles the holder to purchase 1 Kinross share at a price of CAD32.00 per share, on or prior to the date that is five years after the date on which Kinross first pays for Aurelian shares deposited under the offer. The Compulsory acquisition is expected to take place on 20th October 2008; a pay date has not been announced therefore accounts will be credited upon receipt of the new shares/warrants from our custodian.